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federally related transaction

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 3350 — for purposes of this chapter

The term “federally related transaction” means any real estate-related financial transaction which—

(A) a federal financial institutions regulatory agency or the Resolution Trust Corporation engages in, contracts for, or regulates; and

(B) requires the services of an appraiser.